You say the market value would be $50,000,000,000. There will be 625 million shares after distribution of 62.5 billion and a reverse stock split of 100 to 1. This would work out to about $80.00 a share. So, are you saying that after a short time the new GM stock would be worth $80.00 a share? This is crazy. Most "experts" say the new GM shares will be worth about 2 cents and after the reverse stock split $2-3.00 with a 3-5 year outlook of $25-30.00 at best. Personally, I think the five year outlook is GM selling fewer cars and trucks than Ford.
How can you trust this guy, he can't even count. The headline says 30 companies, but only 28 are listed! Does seeking Alpha have an editor who checks this stuff before it is published. Can we trust any of their numbers, anywhere?
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What a bunch of garbage! What do you pay this guy to write for you $7.00 an hour. His article said nothing and shed no light on anything. What a waste of space.
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